Tesco Superstore, Limavady, Northern Ireland – sold for CBRE IM

Forge are pleased to announce the successful sale of the Tesco Superstore in Limavady, Northern Ireland, on behalf of CBRE Investment Management.

The property comprises a well-configured 37,000 sq ft dominant foodstore, let to Tesco on a lease expiring in 2031, with five-yearly open market rent reviews.

Jonathan Mills commented:

“It was a pleasure to support CBRE Investment Management in achieving a successful outcome in what was a highly competitive bidding environment.”

Particular thanks to Matt Beevor and Natalie Tanner at CBRE Investment Management for their valued instructions and collaboration.

Forge are currently advising on a number of similar foodstore investment opportunities. For further information, please contact Jonathan Mills or Joe Baio.